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Solar Power Plant
China Solar Power Capacity Growth hits 40 GW in 2020
China's total solar capacity had increased more than fivefold since 2015 and could double in the next five years, said Wang Bohua, vice-chairman of the China Ph…
Crude Oil
US Energy Agency Revises up Oil Price Forecast
Brent price expected to increase by 2.1%, according to Energy Info. Administration's Short-Term Energy Outlook for December
Energy Storage Project
US Sets New Record in Energy Storage Deployment
A new report released by Wood Mackenzie and the US Energy Storage Association states the US energy storage market has increased by 240% in the third quarter of …
Carbon Emissions
UK Sets New 68pc 2030 GHG Cut Target
The UK has announced plans to up its target for reducing greenhouse gas emissions by 2030, ahead of hosting a global summit on increased climate ambition next w…
OPEC
Kazakhstan Supports Consensus in OPEC+ Agreement
The OPEC + countries decided to increase the supply of oil in January 2021 following a ministerial meeting of the organisation, which was held via videoconferen…
Floating Offshore Wind
Global Floating Wind Energy Market to Record a 2000-Fold Increase by 2050
A new report forecasts that with the right drivers in place, the installed capacity of floating wind energy will grow from the existing 100 MW to 250 GW in 2050…
EV Market
Japan Phasing Out Gas-Only Autos
All new vehicles sold in Japan by the mid-2030s will be hybrid or electric as the government begins to unveil concrete steps for reaching its goal of becoming c…
Coal Trade
Australian Thermal Coal Exports Rebound
Australia's thermal coal exports rebounded in October from a weak September, driven by increased shipments to China, strong buying from India and deliveries to …
Oil & Gas Trade
Brent Edges Higher as Opec+ Agrees More Moderate Production Increase
Oil prices crept up this evening after the Opec cartel and its allies agreed to a more gradual easing of production cuts next month.
Energy-Eficient Building
Slowdown in Energy Efficiency Progress Jeopardising Climate Goals, IEA Warns
The Covid-19 pandemic has caused energy efficiency investments to tumble while increasing the energy intensity of the global economy.
Energy Storage Project
China’s Energy Storage Deployments for First Nine Months of 2020 up 157% Year-on-Year
China deployed 533.3MW of new electrochemical energy storage projects in the first three quarters of 2020, an increase of 157% on the same period in 2019.
Wind Power Tower
Nordex’s New Concrete Tower Factory for Wind Energy in Spain Begins Operations
After only four months of construction work, Nordex has launched its new mobile concrete tower production plant for wind turbines in Spain.
Hydropower Plant
China: Baihetan Construction Progressing
China Three Gorges Corporation has announced that concrete placement has been completed for the first dam section at the 16GW Baihetan hydropower project.
Energy Investment
European Union Increases Funding for Renewables Growth in Nigeria
The European Union has added €10 million in funding for the Climate Investor One financing facility.
CCS
CCS Sector Rapidly Recovering from Pipeline Slump
Planned carbon capture and storage capacity has increased by 33% year-on-year, according to a report released today.
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